I cant believe. After 15 months of trading and going no where, i now firmly believe to be successful in trading, i need to have a solid grasp of mass/crowd psychology. At a certain price range after bullishness, bulls are tired and trend starts to reverse to bearishness. At a certain price range after bearishness, bears are tired and trend starts to reverse to bullishness. To understand crowd psychology, it needs phenomenal experience, note taking and revision. This looks to me a journey of 10 years to become a full time trader from an amateur trader. I got fed up with my losses in trading and after one year of trading beginning from Oct 1, 2010 i started to make notes of the Asian indices market which i trade. For the first time in my trading life, i am able to understand the scheme of things. What you guys say? Am i wasting my time in trying to become a discretionary trader?